CIO 100 ranked French energy giant has attacked corporations and government that are investing in offshore wind farms for electricity generation. EDF, which wants to build more nuclear power stations across the UK said nuclear power is a more cost effective way of reducing carbon dioxide emissions, which are causing climate change.

Chief executive of EDF Vincent de Rivaz tells the Financial Times newspaper today that building four nuclear power stations in the UK will cost less than half the build costs of a wind farm. The government is expected to announce this week a tranche of new wind farms.

Mahindra, the Indian engineering and manufacturing company that acquired outsourced IT services provider Satyam in 2009 has announced plans to become an aircraft manufacturer. A range of light passenger aircraft are to be developed following the company's recent acquisition of two Australian aircraft builders.